COST stock showed bullish momentum with 0.09% movement on Jan 31, 2025
Date: Jan 31, 2025 (Friday)
open : $976.18
close : $979.88
low : $975.78
high : $990.87
previous close: $979.01
Also check: Tool to spot which candlestick has formed
On Jan 31, 2025 (Friday), COSTCO WHOLESALE CORPORATION (COST) in the Consumer Defensive sector showed bullish momentum of 0.09% relative to previous day's close. The stock belongs to the Discount Stores industry within the Consumer Defensive sector.
At the opening bell, the stock started with a minor gap down at $976.18, compared to the previous close of $979.01 (a minor gap down of -0.29%).
COSTCO WHOLESALE CORPORATION which is a Large-Cap stock with market cap of 434.968B hit a high of $990.87 and a low of $975.78, creating a trading range of $15.09. The price movement for the day was 0.38% higher than the opening price.
During the day's session, the COSTCO WHOLESALE CORPORATION traded 1,624,235 shares, showing a modest -19.12% change compared to the average of 2,008,252 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock experienced low volatility (1.54%), staying within a narrow range (the stock remained stable with a high of $990.87 and a low of $975.78).
If we look at the last 30 days daily chart, the stock has been trending upward, and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.